Buyouts Shops Get Served


While the Department of Justice continues its primer course on private equity, some individual shareholders are taking action against perceived abuses.

Three people have filed what they hope to be a class-action lawsuit against 13 private equity firms, for allegedly violating federal antitrust laws. The plaintiffs are/were shareholders in such companies as HCA, Harrah’s and Univision.

Defendants include Apollo Management, Bain Capital, Blackstone Group, Carlyle Group Clayton, Dubilier & Rice, Madison Dearborn Partners, Merrill Lynch, Providence Equity Partners, Silver Lake Partners, Texas Pacific Group, Thomas H. Lee Partners and Warburg Pincus.

Read the complaint: Murphy v Kohlberg.pdf